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Industry
Conoil’s 30,000 bpd flowstation in Nigeria’s Bayelsa state shut by host community
A crude production flow station operated by Conoil Production at Ango field in Koluama, Southern Ijaw Local Government Area of Bayelsa, has been shut by the host community.
The News Agency of Nigeria (NAN) reports that the oil workers!-->!-->!-->…
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Nigerian marginal fields bid round advances
The Department of Petroleum Resources (DPR), Nigeria’s regulatory agency for the hydrocarbon industry, has distributed the third letter in the series of correspondences it has been sending to, apparently, the 161 companies selected as!-->…
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DPR Reviews 5 Terms in Gas Production Sharing Contracts
The Department of Petroleum Resources (DPR) says it has reviewed five terms for gas development under the Production Sharing Contracts (PSC) in the Country.
Mr Sarki Auwalu, the Chief Executive Officer, said this during a Public hearing!-->!-->!-->…
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Clear Fiscal Framework Will Enhance Gas Development – Kyari
The Nigerian National Petroleum Corporation (NNPC) has called for a legislative framework with clear fiscal terms in order to tap the full potential of the gas resources in the nation’s deepwater acreages.
The Group Managing Director of!-->!-->!-->…
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NNPC incurs N966bn expenses on pipeline repair, product loss in 5 years
The Nigerian National Petroleum Corporation has put money spent on pipeline repairs within the space of five years, including money lost as a result of product loss at N966 billion.
The explanation came in response to the query raised!-->!-->!-->…
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THE OLOIBIRI LECTURE:
Events Manager, SPE Nigeria Council, Udochukwu Akunna; Chairman, Olatunji Akinwunmi and Vice Chairman, Olalekan Olafuyi at the press conference On Way Forward for the Oil & Gas Industry Post COVID-19 preceding annual SPE Nigeria!-->!-->!-->…
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NNPC, Usmanu Danfodiyo University to Collaborate on Development of Energy Conversion, Storage
The Nigerian National Petroleum Corporation (NNPC) and the Usmanu Danfodiyo University, Sokoto, have pledged to collaborate on the development of energy inter-conversion and storage as a catalyst for Nigeria’s economic development and!-->…
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NCDMB Launches 2nd Phase of Project100
-By Fred Ojiegbe
The Nigerian Content Development and Monitoring Board (NCDMB) have inaugurated 40 companies as part of its Project 100 Supplier Development Programme.
Project100 which took root in January 2019 with 60!-->!-->!-->!-->!-->…
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Why Nigeria’s Energy Investment is Gaining Momentum
-Gideon Osaka
As calls intensify for diversification of Nigeria’s economy from oil to other sources of revenue, the country’s energy investment is also gathering huge momentum.
Nigeria’s energy investment over the years have received!-->!-->!-->!-->!-->…
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Nigeria Suffers Production Decline as Rig Count Dips to Six
-By Fred Ojiegbe
Nigeria’s rig count dipped to six in January, as against seven in December 2020, raising fears of potential oil production decline within the period, latest data from the Organisation of Petroleum Exporting Countries,!-->!-->!-->…
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